Govt slashes petrol price by Rs5 per litre

ISLAMABAD: The federal government on Tuesday slashed the prices of petrol by up to Rs5 per litre effective from March 1, 2022, ARY News reported.

In a televised address to nation, Finance Minister Ishaq Dar said that the federal government has slashed petrol prices by Rs5 per liter, reducing it to Rs267 per liter from existing Rs272 per liter.

Ishaq Dar noted that the price of high-speed diesel (HSD) would remain unchanged at Rs280 per litre.

The prices of Kerosene oil have been reduced by Rs15 per litre, from Rs202.73 per litre to Rs187.73 per litre whereas that of Light Diesel Oil has been reduced from Rs196.69 per litre to Rs184.68 per litre, a decline of Rs12.

The new prices will come into effect from 12am (tonight, March 1) and remain in place till March 15.

Earlier in February, the federal government jacked up the price of petrol by Rs22.20 per litre in a bid to appease the International Monetary Fund (IMF) for reviving $7 billion Extended Fund Facility (EFF).

The rate of petrol was increased to Rs272.00 per litre from Rs249.80 per litre.

Meanwhile, the price of high-speed diesel (HSD) has been increased by Rs17.20 per litre to Rs280.00. The price of kerosene has been increased by Rs12.30, after which the new price of kerosene oil has become Rs202.73 per litre. Similarly, the price of light diesel has been increased by Rs9.68 to Rs196.68 per litre.

from Latest Pakistan News Breaking News from All over Pakistan - ARY News https://ift.tt/Wnj6aJP

Comments

Nawaz Sharif says ‘I always wanted to make Pakistan economic power’

LAHORE: Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif said that ‘I always wanted to make Pakistan economic power’, ARY News reported. Addressing a public gathering in Lahore from London the former prime minister congratulated the nation on 25th Youm-e-Takbeer Day. Nawaz Sharif said that he was offered billions of dollars and threats to stop carrying out the nuclear test, but he made Pakistan a nuclear power which is a symbol of defence and dignity of the country. He said that people started pulling his legs and the journey towards economic development was stopped. The USD value was Rs 104 in comparison to the Pakistan rupee in 2017 and now it is over 300, flour was Rs 33 per KG and now 1kg flour costs Rs 120, Nawaz Sharif added. The PML-N supremo condemned May 9 violence saying that the nation need May 28, 1998 events which is the sign of prosperity and development, not a May 9 symbol of hate and damage to the country. Read more: Imran Khan incited youth for May 9

Elevate Your Style with a Men's Leather Jacket with Fur Collar

When it comes to timeless fashion, the allure of an original leather jacket is undeniable. These iconic pieces have transcended generations, exuding rugged sophistication and individuality. However, if you're seeking to take your style to the next level, consider a distinctive choice: the Men's leather jacket with fur collar . The Appeal of Original Leather Jackets Original leather jackets have long been celebrated for their durability, versatility, and timeless appeal. These jackets are something beyond clothing; they are an assertion of style, an encapsulation of disobedience, and an image of exemplary cool. Whether you're riding a motorcycle, strolling through the city, or attending a casual gathering, an original leather jacket elevates your look. The Allure of a Fur Collar What sets the Men's leather jacket with fur collar apart is its exquisite detailing.The option of a fur collar not just gives an additional layer of warmth during colder months yet in addition

Salman Iqbal calls for independent probe into Arshad Sharif’s killing

President and CEO ARY Digital Network Mr Salman Iqbal has called for an independent investigation overseen by the UN Human Rights Office into the slain senior journalist Arshad Sharif. Mr Salman Iqbal issued his statement on Twitter after Interior Minister Rana Sanaullah levelled baseless allegations against him during his press conference today. He said, “No words can express how shocked and heartbroken I am by the brutal killing of my brother Arshad Sharif. Arshad’s death is an immense loss to all of Pakistan and to journalism globally. My thoughts are with his family and all those who are mourning him. Since the beginning of my career, I have always done my utmost to protect my people, and they can vouch for this.” READ: CHAIRMAN ARY NETWORK ANNOUNCES LIFELONG SUPPORT FOR ARSHAD SHARIF SHAHEED’S FAMILY “It is not easy to be a journalist in Pakistan. All of us face various threats and it is my job to mitigate them. Over the years, we have lost many colleagues in our country’s

News Point

Search This Blog